What is Bitcoin?

Bitcoin is a digital crypto-currency with no single point of failure due to its decentralized peer-to-peer architecture. The source code is publicly available and changes to the reference Bitcoin client are made via concensus within the community. Advantages of Bitcoin include irreversible transactions (i.e. no possibility of chargebacks as with credit cards),
pseudo-anonymous, limited and fixed inflation, near instant transactions, multi-platform, no double-spend and little to no barriers to entry and more. It was created by an anonymous person known as Satoshi Nakamoto. Find out more at WeUseCoins.com.

There have been a wide variety of situations in which algorithmic trading programs have proven to be beneficial for investors. However, investors who only trade a cryptocurrency can also take advantage of bitcoin trading bots. Through bitcoin bot trading, traders can become more flexible and prompt, minimize errors and process information more rapidly. At this… Read More »

DA's Office In Pennsylvania Pays Ransom In BitcoinPYMNTS.comAccording to a report by Forbes, the ransom was only $1,400, but the fact that a government agency paid a ransom and used bitcoin is something not seen before. The report quipped that Coinbase users would likely happily pay a ransom to prevent the IRS ...

Is Bitcoin Better Than Gold?ForbesBitcoin has been beating gold by a big margin so far this year. The digital currency has more than doubled in value, while the yellow metal has gained 8.73 percent; and both assets outperformed the S&P 500 and the twenty-year US Treasury bonds.

Japan Could Drop 8% Bitcoin Sales Tax By Mid-2017CoinDeskJapan's plan to drop an 8% sales tax on bitcoin purchases could take effect as early as July 2017, according to documents obtained by CoinDesk. Though subject to final approval by senior Japanese government officials, an annual tax document prepared by ...

Prosecutors Pay Bitcoin Ransom, Yet IRS Targets Coinbase DataForbesIn the midst of the IRS's legal battle to uncover the identities of Bitcoin users, federal prosecutors have revealed that a state prosecutor's office had to battle for its own private information, also involving Bitcoin. Pennsylvania's Allegheny County ...